Depending on various factors, a typical project can be 4-6 million dollars. Usually, cash down payment for this size of loan is between 600K to 750K. If owning land and building is not your priority, then the total project cost is $350K-$600K. Typical cash needed in this case is approximately 150K-300K.
You must show enough cash flow from your existing salary and other income that covers the business mortgage.
Most franchisees are partnerships. Consider talking to friends and family. This will also help you own a second location sooner.
Absolutely. We usually have a number of operators, investors and prospects looking for partners in our pipeline. Give us a call at 1-866-333-6867
No. We treat every franchisee the same excellent way!!
New school construction is typically a 1.5 -2 years project. Leasing can be possible in 8-12 months.
No. You can always transfer your franchise to a new buyer.
You should find a buyer for the business. We will assist you in the process. If you quit without transferring, there will be penalties. You should request for FDD to research the penalties.
Must have required cash, a good credit score, and a passion for children and education. Furthermore, an understanding of a broad picture which is tremendous real estate gain in addition the school profits.
The main risk is competition and location analysis. We have a comprehensive method and detailed analysis that minimizes this risk and one of the main reason franchisees take our particular franchise and is our core strength.
Partnership risks between your business partners are minimized by us managing the work load, effort, communication by training and best practice sharing.
Financial risks are minimized by cost controls, timing, financial planning, cash flow management, and operational excellence.
No. Our schools are operated by the directors following the process set by the franchise. They take guidance from franchise support on the daily basis. However, you must be available to look after your business when needed. Please ask about services offered by our affiliate Integra Learn for additional daily operations support.
With our turnkey support model, you are expected to spend less than a few hours every month checking on reports and attending board
Yes. However, we strongly recommend owning the real estate due to much greater financial advantage.
A multi-story building design will be considered to save cost on the land.
Our schools are typically licensed for 210-245 students.
Get started today by contacting our franchising team at 1-866-333-6867 or emailing us at firstname.lastname@example.org